Silver Range Resources Stock Performance
| SNG Stock | CAD 0.07 0.01 6.25% |
On a scale of 0 to 100, Silver Range holds a performance score of 2. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Silver Range's returns are expected to increase less than the market. However, during the bear market, the loss of holding Silver Range is expected to be smaller as well. Please check Silver Range's treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Silver Range's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Silver Range Resources are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Silver Range showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | InnoCan Pharma Leads 3 Promising Penny Stocks On TSX - Simply Wall St | 10/30/2024 |
2 | Silver Range Resources Grants Stock Options - TipRanks | 11/29/2024 |
| Begin Period Cash Flow | 263.4 K |
Silver |
Silver Range Relative Risk vs. Return Landscape
If you would invest 8.00 in Silver Range Resources on September 13, 2024 and sell it today you would lose (0.50) from holding Silver Range Resources or give up 6.25% of portfolio value over 90 days. Silver Range Resources is currently producing 0.2288% returns and takes up 8.1533% volatility of returns over 90 trading days. Put another way, 72% of traded stocks are less volatile than Silver, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Silver Range Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Range's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Silver Range Resources, and traders can use it to determine the average amount a Silver Range's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0281
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Estimated Market Risk
| 8.15 actual daily | 72 72% of assets are less volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Silver Range is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Silver Range by adding it to a well-diversified portfolio.
Silver Range Fundamentals Growth
Silver Stock prices reflect investors' perceptions of the future prospects and financial health of Silver Range, and Silver Range fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Silver Stock performance.
| Return On Equity | -0.0979 | ||||
| Return On Asset | -0.0512 | ||||
| Current Valuation | 7.03 M | ||||
| Shares Outstanding | 98.13 M | ||||
| Price To Earning | 27.50 X | ||||
| Price To Book | 0.80 X | ||||
| Gross Profit | (102.57 K) | ||||
| EBITDA | (656.82 K) | ||||
| Net Income | (987.34 K) | ||||
| Cash And Equivalents | 1.69 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 101.12 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 34.48 X | ||||
| Book Value Per Share | 0.10 X | ||||
| Cash Flow From Operations | (660.04 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 7.36 M | ||||
| Total Asset | 9.82 M | ||||
| Retained Earnings | (30.26 M) | ||||
| Working Capital | 255.81 K | ||||
| Current Asset | 907.38 K | ||||
| Current Liabilities | 214.15 K | ||||
About Silver Range Performance
Evaluating Silver Range's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Silver Range has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Silver Range has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (152.94) | (160.59) | |
| Return On Tangible Assets | (0.10) | (0.10) | |
| Return On Capital Employed | (0.06) | (0.06) | |
| Return On Assets | (0.10) | (0.10) | |
| Return On Equity | (0.10) | (0.10) |
Things to note about Silver Range Resources performance evaluation
Checking the ongoing alerts about Silver Range for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Silver Range Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Silver Range had very high historical volatility over the last 90 days | |
| Silver Range has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (987.34 K) with loss before overhead, payroll, taxes, and interest of (102.57 K). | |
| Silver Range Resources has accumulated about 1.69 M in cash with (660.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Silver Range Resources Grants Stock Options - TipRanks |
- Analyzing Silver Range's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Silver Range's stock is overvalued or undervalued compared to its peers.
- Examining Silver Range's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Silver Range's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Silver Range's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Silver Range's stock. These opinions can provide insight into Silver Range's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Silver Stock Analysis
When running Silver Range's price analysis, check to measure Silver Range's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silver Range is operating at the current time. Most of Silver Range's value examination focuses on studying past and present price action to predict the probability of Silver Range's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Range's price. Additionally, you may evaluate how the addition of Silver Range to your portfolios can decrease your overall portfolio volatility.